LYVE Global Acquires Majority Stake In Shopini World

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The latest deal aligns with Lyve’s $150m acquisition strategy to expand its digital ecosystem and geographical expansion.

Lyve Global announced acquiring a majority stake in Shopini World. Lyve is Abu Dhabi-based B2B logistics SaaS platform enabling businesses to digitise their customer journey from order to payment to delivery. Shopini World is a leading cross-border ecommerce logistics and solutions provider to businesses and consumers across MENA, with operational presence in the UAE, USA, UK, Turkey, and China.

Lyve’s acquisition of a majority stake in Shopini World reflects its commitment to invest US$150 million in high-quality acquisitions within the next two years to broaden its global portfolio and expand market reach.

This acquisition brings together Shopini’s ecommerce solutions, international network, and Lyve’s technology and logistics infrastructure in the region. Combining Shopini’s first- and middle-mile services with Lyve’s solutions completes the entire logistics cycle, driving efficiencies and greatly enhancing execution capabilities and customer reach for Lyve’s ecommerce clients.

Lyve continues to evolve, building a rich digitised ecosystem of complete, end-to-end solutions through all touchpoints – from order acquisition to order management, payment, and delivery. With its market-leading cloud-based platforms and services, the company currently helps facilitate millions of orders every month on behalf of prominent global and regional brands across the e-commerce, food and beverage, grocery, and healthcare industries.

Chief Investment Officer at Lyve, Nader Museitif, said, “We’re excited to have Shopini World join the Lyve ecosystem. We’re determined to continue building and expanding our offering to meet our customer’s growth and digital transformation needs. Our investment strategy is designed to complement and accelerate our organic efforts, and we are looking forward to announcing more partnerships soon.”

Chief Executive Officer of Shopini World, Rami Murad, said, “We are super excited to be recognised by a great organisation like Lyve Global, for the top-notch parcel cross-borders technologies we have built and for the innovative solutions we provide to local and international e-commerce merchants based in USA, UK, Turkey, China, and the UAE. Our partnership with Lyve Global will help us grow faster by enabling and complementing our cross-borders solutions into the ME and internationally.”